Germany’s Auto Industry Head Warns on China Trade Imbalances
6 Articles
6 Articles
The powerful autolobby has long been regarded as a braker of new China tariffs. Now VDA boss Müller calls it a legitimate means. An internal paper is available exclusively to the Handelsblatt.
The head of Germany's auto industry association (VDA) warned on Thursday of growing trade imbalances with China, saying the EU has the means to ensure... Germany: Automobile industry lobby warns of growing trade imbalances with China - NAUTEBORG
Competition From China: Car Industry for Better Protection in the Event of Distortion of Competition
The Association of the Automotive Industry supports trade protection measures such as customs duties and other measures under certain conditions due to the competitive pressure from China. An internal VDA paper criticises that EU instruments were partly too short.
The powerful German auto lobby has long been seen as an obstacle to imposing tariffs on Chinese goods. But now it is supposed to have swung, calling tariffs “a legitimate tool,” reports Handelsblatt.
The President of the Association of the Automotive Industry (VDA), Hildegard Müller, is in favour of new tariffs against China under certain conditions. "Trade with China has created imbalances in recent years", said Müller to the "Handelsblatt". "Trade defence instruments" could therefore be "applicable from a certain point of distortion of competition" - for example in the case of "proven unfair behaviour". The affected sectors should be close…
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